The American giant of derivative products, CME Group, launches a pilot program with Google Cloud to explore the tokenization of financial assets. A collaboration that aims to accelerate the digital transformation of the market by improving the efficiency of transactions, via the Google Cloud Universal Ledger (GCU).
Blockchain at the service of financial markets
CME Group, American leader in derivative markets, has teamed up with Google Cloud to test a new device based on blockchain: Google Cloud Universal Ledger (GCU). This is a register allowing follow, transfer and adjust tokenized assets faster and less expensive than with current infrastructure.
Terry Duffy, CEO of CME Group, stresses that GCUL could ” Bring significant gains in terms of collateral, margins, regulations and fees while the world evolves towards continuous trading ».
Tokenization offers significant efficacy gains in terms of guarantees, margins, regulations and costs of costs as the world evolves towards 24 -hour transactions.
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This new partnership is part of the wider strategy of Modernization of CME technological infrastructure in collaboration with Google Cloudhired in 2021. Google Cloud had already invested $ 1 billion in the CME that year, with the aim of gradually migrating the group's data and compensation services to the cloud.
If the specific assets concerned by this tokenization have not been specified, the first experiments involving various actors in the capital markets will begin in 2026.
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A new financial era underway?
Tokenization, or conversion of real financial assets into digital tokens, is increasingly interested in major players in the sector. According to an article published by the World Economic Forum, this integration between traditional finance and blockchain is ” now a reality ».
Yuval Rooz, co -founder of Digital Asset, believes that “With only $ 25,000 billion in securities currently eligible for use as collateral – on a potential of $ 230,000 billion – tokenization could considerably increase the liquidity and effectiveness of capital.”
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This sector also has a positive dynamic thanks to the administration of President Donald Trump, who aims to make the United States “The world capital of blockchain and crypto-active”.
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Source : X
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After training in journalism, I worked for a few years in general press before discovering the world of personal finance and the scholarship. Fallen into cryptos since 2020, I am particularly interested in the decryption of news that influence the Cryptos markets. My goal? Always teach my readers more by providing the most precise and the most just possible information.
Justine Ferrari
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